CIOs everywhere are hearing a lot about governance, risk and compliance (GRC) software -- primarily because a solid GRC strategy is needed to cope with the unprecedented proliferation of data retention regulations
like The Sarbanes-Oxley Act. But what's the best way to get started on a GRC strategy that's right for your company? SearchOracle.com talked to Michael Rasmussen, a vice president and research analyst with Cambridge, Mass.-based Forrester Research Inc., to find out.
In this podcast interview, Rasmussen, an expert on the GRC market, talks about why effective GRC initiatives are highly collaborative in nature and how attitudes towards GRC software have changed over the last few years. He also explains the distinctly different philosophies behind Oracle and SAP's GRC strategies -- and why those to business applications giants could learn some valuable GRC lessons from one another.